Cryptocurrency Q&A
What is the reward for Bitcoin transaction?
What is the reward for Bitcoin transaction?
EnchantedSoul
Mon Dec 23 2024
|
5
answers
1596
I want to know what kind of reward I can get for conducting a Bitcoin transaction. Is there any incentive or benefit associated with it?
5 answers
Federica
Wed Dec 25 2024
A Block Reward represents a fixed quantity of newly generated Bitcoin awarded to a mining node.
Was this helpful?
195
46
lucas_emma_entrepreneur
Wed Dec 25 2024
Along with the Bitcoin, the block reward also includes the total transaction fees associated with the candidate block proposed by the mining node.
Was this helpful?
284
48
QuasarGlider
Tue Dec 24 2024
The mining node that successfully validates its block and appends it to the blockchain is entitled to receive the block reward.
Was this helpful?
397
56
LucyStone
Tue Dec 24 2024
The process of validating a block and earning the reward is repeated approximately every 10 minutes.
Was this helpful?
370
32
Giulia
Tue Dec 24 2024
BTCC is a prominent cryptocurrency exchange offering a range of services.
Was this helpful?
350
53
